Delta Air Lines annual return on equity
2009
2010
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2014
2015
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2021
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2023
2024
2025
Delta Air Lines Return on Equity (ROE) Growth & History (DAL)
Delta Air Lines's return on equity was 27.69% for fiscal 2025.
View full Delta Air Lines company overviewDelta Air Lines annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 27.69% | +1.50 pp |
| 2024 | 2024-12-31 | 26.19% | −25.93 pp |
| 2023 | 2023-12-31 | 52.12% | +26.94 pp |
| 2022 | 2022-12-31 | 25.18% | +14.85 pp |
| 2021 | 2021-12-31 | 10.33% | +156.97 pp |
| 2020 | 2020-12-31 | −146.64% | −179.46 pp |
| 2019 | 2019-12-31 | 32.82% | +2.81 pp |
| 2018 | 2018-12-31 | 30.02% | +3.10 pp |
| 2017 | 2017-12-31 | 26.92% | −10.99 pp |
| 2016 | 2016-12-31 | 37.91% | −8.12 pp |
| 2015 | 2015-12-31 | 46.04% | +39.59 pp |
| 2014 | 2014-12-31 | 6.44% | −215.17 pp |
| 2013 | 2013-12-31 | 221.61% | — |
| 2010 | 2010-12-31 | 103.85% | +324.94 pp |
| 2009 | 2009-12-31 | −221.09% | — |
Delta Air Lines quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.60% | −5.35 pp |
| Q1 2026 | 2026-03-31 | −1.40% | −2.96 pp |
| Q4 2025 | 2025-12-31 | 6.14% | +0.31 pp |
| Q3 2025 | 2025-09-30 | 7.82% | −1.96 pp |
| Q2 2025 | 2025-06-30 | 12.95% | +1.86 pp |
| Q1 2025 | 2025-03-31 | 1.56% | +1.23 pp |
| Q4 2024 | 2024-12-31 | 5.83% | −14.21 pp |
| Q3 2024 | 2024-09-30 | 9.77% | −3.02 pp |
| Q2 2024 | 2024-06-30 | 11.09% | −14.36 pp |
| Q1 2024 | 2024-03-31 | 0.33% | +5.99 pp |
| Q4 2023 | 2023-12-31 | 20.04% | +5.22 pp |
| Q3 2023 | 2023-09-30 | 12.79% | −3.76 pp |
| Q2 2023 | 2023-06-30 | 25.45% | +3.83 pp |
| Q1 2023 | 2023-03-31 | −5.65% | +21.68 pp |
| Q4 2022 | 2022-12-31 | 14.82% | +27.36 pp |
| Q3 2022 | 2022-09-30 | 16.55% | −45.82 pp |
| Q2 2022 | 2022-06-30 | 21.61% | −52.35 pp |
| Q1 2022 | 2022-03-31 | −27.33% | +89.43 pp |
| Q4 2021 | 2021-12-31 | −12.54% | +18.34 pp |
| Q3 2021 | 2021-09-30 | 62.36% | +151.66 pp |
| Q2 2021 | 2021-06-30 | 73.96% | +123.68 pp |
| Q1 2021 | 2021-03-31 | −116.77% | −113.17 pp |
| Q4 2020 | 2020-12-31 | −30.87% | −38.10 pp |
| Q3 2020 | 2020-09-30 | −89.30% | −99.60 pp |
| Q2 2020 | 2020-06-30 | −49.72% | −60.46 pp |
| Q1 2020 | 2020-03-31 | −3.60% | −9.09 pp |
| Q4 2019 | 2019-12-31 | 7.22% | −0.27 pp |
| Q3 2019 | 2019-09-30 | 10.30% | +0.18 pp |
| Q2 2019 | 2019-06-30 | 10.74% | +2.44 pp |
| Q1 2019 | 2019-03-31 | 5.49% | +1.01 pp |
| Q4 2018 | 2018-12-31 | 7.50% | +5.24 pp |
| Q3 2018 | 2018-09-30 | 10.12% | +1.69 pp |
| Q2 2018 | 2018-06-30 | 8.30% | −0.67 pp |
| Q1 2018 | 2018-03-31 | 4.48% | −0.15 pp |
| Q4 2017 | 2017-12-31 | 2.25% | −2.98 pp |
| Q3 2017 | 2017-09-30 | 8.44% | −1.92 pp |
| Q2 2017 | 2017-06-30 | 8.98% | −4.43 pp |
| Q1 2017 | 2017-03-31 | 4.63% | −3.93 pp |
| Q4 2016 | 2016-12-31 | 5.23% | −4.02 pp |
| Q3 2016 | 2016-09-30 | 10.35% | −2.86 pp |
| Q2 2016 | 2016-06-30 | 13.41% | −2.55 pp |
| Q1 2016 | 2016-03-31 | 8.56% | +0.21 pp |
| Q4 2015 | 2015-12-31 | 9.25% | +15.99 pp |
| Q3 2015 | 2015-09-30 | 13.21% | +10.30 pp |
| Q2 2015 | 2015-06-30 | 15.96% | +9.24 pp |
| Q1 2015 | 2015-03-31 | 8.35% | +6.52 pp |
| Q4 2014 | 2014-12-31 | −6.75% | −150.70 pp |
| Q3 2014 | 2014-09-30 | 2.91% | — |
| Q2 2014 | 2014-06-30 | 6.72% | — |
| Q1 2014 | 2014-03-31 | 1.83% | — |
| Q4 2013 | 2013-12-31 | 143.96% | — |
| Q3 2011 | 2011-09-30 | 54.71% | −24.72 pp |
| Q2 2011 | 2011-06-30 | 25.66% | −184.70 pp |
| Q1 2011 | 2011-03-31 | −38.43% | — |
| Q4 2010 | 2010-12-31 | 2.36% | — |
| Q3 2010 | 2010-09-30 | 79.43% | — |
| Q2 2010 | 2010-06-30 | 210.36% | — |
Delta Air Lines return on equity trends
Over the last five fiscal years, Delta Air Lines's return on equity increased from −146.64% to 27.69%, a change of +174.33 percentage points. The latest reported quarter, Q2 2026, shows 7.60%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Delta Air Lines source filings ↗